OPEN-SOURCE SCRIPT
Adaptive Master Indicator (AMI)
The Adaptive Master Indicator (AMI) is a powerful, all-in-one trading tool designed to help traders identify trends, generate buy/sell signals, and manage risk effectively. It combines multiple technical indicators (EMA, RSI, MACD, ADX, ATR) into a single, easy-to-use script that dynamically adapts to market conditions.
Key Features:
Dynamic Indicators:
EMA, RSI, and MACD adapt to market volatility for better accuracy.
Support/Resistance Levels:
Clearly plotted to identify key price levels.
Divergence Detection:
Spot bullish/bearish divergences for potential reversals.
Buy/Sell Signals:
Clear signals based on trend strength, momentum, and volume.
Trend Highlighting:
Visualizes bullish/bearish trends with background colors.
Customizable Settings:
Adjust parameters like ATR Length, EMA Period, and RSI Period to fit your trading style.
How to Use:
Customize Settings:
Adjust input parameters (e.g., ATR Length, EMA Period) to fit your trading strategy.
Trade Signals:
Buy Signal: Price above EMA, RSI > 50, MACD line > Signal line, and ADX > 25.
Sell Signal: Price below EMA, RSI < 50, MACD line < Signal line, and ADX > 25.
Trend Analysis:
Use the dynamic EMA and trend highlighting to identify strong trends.
Key Features:
Dynamic Indicators:
EMA, RSI, and MACD adapt to market volatility for better accuracy.
Support/Resistance Levels:
Clearly plotted to identify key price levels.
Divergence Detection:
Spot bullish/bearish divergences for potential reversals.
Buy/Sell Signals:
Clear signals based on trend strength, momentum, and volume.
Trend Highlighting:
Visualizes bullish/bearish trends with background colors.
Customizable Settings:
Adjust parameters like ATR Length, EMA Period, and RSI Period to fit your trading style.
How to Use:
Customize Settings:
Adjust input parameters (e.g., ATR Length, EMA Period) to fit your trading strategy.
Trade Signals:
Buy Signal: Price above EMA, RSI > 50, MACD line > Signal line, and ADX > 25.
Sell Signal: Price below EMA, RSI < 50, MACD line < Signal line, and ADX > 25.
Trend Analysis:
Use the dynamic EMA and trend highlighting to identify strong trends.
Skrip open-source
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